7 ms·
The problem with UBI trials is that they cost a lot of money to be remotely effective. That is because for it to be somewhat meaningful the amount has to be hig
by ponsin 6y ago
The problem with UBI trials is that they cost a lot of money to be remotely effective. That is because for it to be somewhat meaningful the amount has to be high, it has to involve a lot of people, and it has to last a long time. I was wondering, what if researchers try it in a very poor country where $10 a month is meaningful. Many countries won't want to do it presumably because money will be leaving their country. However, it will be a relatively cheap way of seeing how UBI would effect inflation, self choice unemployment, and creative inventions.